Wol 3D India IPO Review

WOL 3D INDIA LIMITED is engaged in the business of providing 3D Printing solutions enabling easier prototyping finding its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc. They are a 3D Printing Solutions Company aimed at bridging gap between ideation and manufacturing by providing high quality and cost-effective 3D Printing solutions with cutting edge technology.

This business was founded by their 1st generation Promoters, Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain who have been associated with the Company since 2019 and have an experience of around 13 years, 13 years, 20 years and 3 years respectively.

Financially, Revenue in Fiscal 2024, Fiscal 2023 and Fiscal 2022 was ₹4,001.43 Lakhs, ₹2,371.32 Lakhs and ₹2,037.03 Lakhs, respectively. The EBITDA for the Fiscals 2024, 2023 and 2022 were ₹694.37 Lakhs, ₹355.55 Lakhs and ₹113.28 Lakhs respectively. The Profit after Tax for the Fiscals 2024, 2023 and 2022 were ₹503.30 Lakhs, ₹240.56 Lakhs and ₹84.42 Lakhs respectively.

For the Wol 3D India IPO, the company is issuing shares at a pre-issue EPS of ₹10.07 and a post-issue EPS of ₹7.80. The pre-issue P/E ratio is 14.89x, while the post-issue P/E ratio is 19.23x. The company's ROCE for FY24 is 42.50% and ROE for FY24 is 61.83%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Wol 3D showing potential listing gains of 45% -50%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply to the Wol 3D India Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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